Advice/Help - Someone has used my bank A/C and Sort Code to purchase/open direct debit with Argos!!

stylus360

Deleted_User said:

No, I get that. I was just questioning why it would make you so weary. Perhaps you meant wary.

You'll need to weigh up the issue of dealing with unauthorised applications versus the need for fast credit. Is there another way you can structure the business to reduce the reliance on getting credit quickly?

Additionally - have you checked all three CRAs (not just Transunion)?

Yes I meant ‘wary’. Lol

How do I check elsewhere. 

Can you clarify ‘all three CRA’s’. 

The ones I have reported via Transunion were a result of me reporting them via Credit Karma. 

I presumed Transunion was the main reference that all CFAs use?

Are you saying I need t check Clearscore, Experian and Equifax and follow report them on each one?

As regards setting up the stricter checks I will see if any more searches/problems arise. 

If they do then I will initiate it. 

Thanks for the advice it is much appreciated. 

[Deleted User]

stylus360 said:

Deleted_User said:

No, I get that. I was just questioning why it would make you so weary. Perhaps you meant wary.

You'll need to weigh up the issue of dealing with unauthorised applications versus the need for fast credit. Is there another way you can structure the business to reduce the reliance on getting credit quickly?

Additionally - have you checked all three CRAs (not just Transunion)?

I presumed Transunion was the main reference that all CFAs use?

Are you saying I need t check Clearscore, Experian and Equifax and follow report them on each one?

No. You're muddling up your CRAs and services. You need to check Equifax (Clearscore), Experian (MSE Credit Club) and TransUnion (Credit Karma).

TransUnion is the least used of the three by lenders.

RG2015

stylus360 said:

Deleted_User said:

No, I get that. I was just questioning why it would make you so weary. Perhaps you meant wary.

You'll need to weigh up the issue of dealing with unauthorised applications versus the need for fast credit. Is there another way you can structure the business to reduce the reliance on getting credit quickly?

Additionally - have you checked all three CRAs (not just Transunion)?

Yes I meant ‘wary’. Lol

How do I check elsewhere. 

Can you clarify ‘all three CRA’s’. 

The ones I have reported via Transunion were a result of me reporting them via Credit Karma. 

I presumed Transunion was the main reference that all CFAs use?

Are you saying I need t check Clearscore, Experian and Equifax and follow report them on each one?

As regards setting up the stricter checks I will see if any more searches/problems arise. 

If they do then I will initiate it. 

Thanks for the advice it is much appreciated. 

Have a look at the MSE article on Credit Reports on the link below.

https://www.moneysavingexpert.com/loans/check-free-credit-report/

stylus360

That’s a brilliant link. 

I’ll have a full read when I get time 
so far just from googling I can see that -

Credit Karma uses Transunion 
Clearscore uses Experian. 

Then I presume another would be Equifax. 

Thanks. 

k_man

stylus360 said:

That’s a brilliant link. 

I’ll have a full read when I get time 
so far just from googling I can see that -

Credit Karma uses Transunion 
Clearscore uses Experian. 

Then I presume another would be Equifax. 

Thanks. 

The article explains which services use which CRA, with links to each one.
However, Clearscore use Equifax

MSE credit club uses Experian

Deleted_User said:

stylus360 said:

Deleted_User said:

No, I get that. I was just questioning why it would make you so weary. Perhaps you meant wary.

You'll need to weigh up the issue of dealing with unauthorised applications versus the need for fast credit. Is there another way you can structure the business to reduce the reliance on getting credit quickly?

Additionally - have you checked all three CRAs (not just Transunion)?

I presumed Transunion was the main reference that all CFAs use?

Are you saying I need t check Clearscore, Experian and Equifax and follow report them on each one?

No. You're muddling up your CRAs and services. You need to check Equifax (Clearscore), Experian (MSE Credit Club) and TransUnion (Credit Karma).

TransUnion is the least used of the three by lenders.

RG2015

stylus360 said:

That’s a brilliant link. 

I’ll have a full read when I get time 
so far just from googling I can see that -

Credit Karma uses Transunion 
Clearscore uses Experian. 

Then I presume another would be Equifax. 

Thanks. 

Not quite.

Clearscore uses Equifax data and the MSE Credit Club uses Experian data.